Wow. 5.39 high so far and still solid. Can't do anything with current holdings, just keep holding. In the past IB claimed unclear, peak earnings etc to entice selling but anyone who followed to sell will be regretting. This company turned around from high net debt to positive net cash by FYE 2018. And the Net Cash keeps growing and growing. Management has done a great job so far. Just this quarter alone, net cash grew by 25 million in 1 quarter, or 100m expected if annualized. The last 12 months earnings is reported to be 86 sen. Total dividends paid out last year including special dividends is only 39 sen. At 39 sen, the dividend yield when divide by my cost price of 3.50 is already 11% dividend yield on cost i.e. I will never sell this company as long as its fundamentals remain intact as there is no where else that I can deploy that money that pays me such a high dividend yield. Best to do nothing and just enjoy the ride. Thank-you Mr Market!
geary MBMR Monthly Positive Pivot Point Momentum! S1: 4.60. PIVOT: 4.90. R1: 5.40.(Matched) R2: 6.20.(Coming Soon) R3: 7.10. Fair Value range...#6.20/7.20!? Mr. Market is Unpredictable! Dis: Trade at your own Risk! 1 month ago
SeekUndervalued @Geary, S1 means support 1? What does PIVOT means? I don't really use TA for stock buying... Would you mind to enlighten me? Thanks. 1 day ago
Are u a swing traders or value Investor? It's for traders, it depends on your holding strength...days, months n 52 weeks. PIVOT is an inflection point...the highest n the lowest price... within a range...like #52Weeks...plus average closing price. Divided by 3. It's rather a range...or approximately pivoting point. U have to judge the business catalyst...bullish or bearish. Anyway...Mr. Market is unpredictable. Good luck🤓
If the EV trend fades, with possibly 3 out of 10 cars being EVs, 4 out of 10 being petrol cars, and 6 out of 10 being other or future car types, MBMR's business could still thrive. This assumes people continue to prefer driving over walking, Malaysians still need fuel-efficient cars (pro2), especially if R95 petrol prices rise.
Listed company has two months from their end of financial years/ quarter to report their quarter results. MBMR latest quarter should end on 30/6, so i suppose MBMR has until 30/8 to report their quarter result?
MBMR Monthly Pivot Points Momentum! S1: 4.80. PIVOT: 5.10. R1: 5.50. R2: 5.90.(Sold...#50%). Dis: Buy/Hold at your own Risk! Hold for DY/BY. My Cost of Capital Employed...@2..00🤞 3 weeks ago
I sold it because i traded on MBMRC4 call warrant which give me about 30% gain, earning 5 figures cannot eat roti canai? funny...and the most crucial point is the QR and special dividend is below my expectations. If you had observed the special dividend has been decreased compared to last year. Most worry is the market sentiments, luckily MBMR do not gap down on morning. Good luck to all MBMR investor. God bless you.
I sold 75% of mine yesterday. This counter has been very good to me over the past few years with bumper dividends. I notice most analysts target price are well beloz the current price of 4.90 so decided its time to take some profit but will leep my remaining MBMR shares for the time being at least.
Hard to understand why MBMR can distribute so much dividend each year. Though this year the div will drop to the normal level, who knows Durian Runtuh again. Thks MBMR.
November car sale volume drop yoy & mom. This is however expected, as total tiv are expecting to drop. Now all eyes on the launching of ev next year end
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DividendGuy67
1,125 posts
Posted by DividendGuy67 > 2024-06-07 14:59 | Report Abuse
Wow. 5.39 high so far and still solid. Can't do anything with current holdings, just keep holding. In the past IB claimed unclear, peak earnings etc to entice selling but anyone who followed to sell will be regretting. This company turned around from high net debt to positive net cash by FYE 2018. And the Net Cash keeps growing and growing. Management has done a great job so far. Just this quarter alone, net cash grew by 25 million in 1 quarter, or 100m expected if annualized. The last 12 months earnings is reported to be 86 sen. Total dividends paid out last year including special dividends is only 39 sen. At 39 sen, the dividend yield when divide by my cost price of 3.50 is already 11% dividend yield on cost i.e. I will never sell this company as long as its fundamentals remain intact as there is no where else that I can deploy that money that pays me such a high dividend yield. Best to do nothing and just enjoy the ride. Thank-you Mr Market!